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Increased US renewable and natural gas generation to reduce summer coal demand
- 2023-06-09 06:48:24.510457
- David Flin
The US Energy Information Administration (EIA) has forecast that the largest increases in the USA during the summer (June, July, and August) will come from solar, wind, and natural gas-fired power plants because of new generating capacity coming online.
EIB grants €200 million to Sicredi for solar power investments in Brazil
- 2023-06-06 07:01:21.674304
- David Flin
The European Investment Bank (EIB) has signed an agreement with Sicredi, a cooperative financial institution operating throughout Brazil, for a €200 million loan to support the installation of solar power on homes, small, and medium-sized businesses.
Greek company to lead $1.7 billion solar energy project in Alberta, Canada
- 2023-06-02 07:12:48.219886
- David Flin
Mytilineos Energy and Metals of Greece will acquire a C$1.7 billion project to build five solar power plants in central and southern Alberta in Canada.
Eneva starts operations at Futura 1 solar complex in Brazil
- 2023-05-31 07:26:01.958514
- David Flin
Eneva, the Brazilian utility, has started commercial operation at its 692.4 MW Futura 1 solar complex in Juazeiro City, in Bahia state, Brazil.
Türkiye launches Kalyon Karapinar solar plant
- 2023-05-03 07:31:10.066410
- David Flin
Türkiye’s President Erdogan has officially inaugurated the 1350 MW Kalyon Karapinar solar power plant, said to be one of the five largest in the world built on a single site.
Kom Ombo solar plant secures $123 million financing
- 2023-04-27 07:17:23.224069
- David Flin
The much-delayed 200 MW Komo Ombo solar project in Egypt has secured a $123 million financial package, potentially signalling that the project may proceed.
Enel to merge power generation units in Peru
- 2023-04-26 06:54:01.375220
- David Flin
Enel has announced that two power generation companies that it holds in Peru will be merged. This will create a larger entity valued at $2.31 billion.
Wind and solar hit record 12 per cent of global power generation
- 2023-04-13 07:45:14.444394
- David Flin
A report by the climate and energy think tank Ember has said that wind and solar energy reached a record 12 per cent of global electricity generation in 2022, up from 10 per cent in 2021.
China proposes 1200 MW floating solar PV plant for Zimbabwe
- 2023-04-12 07:20:47.649430
- David Flin
China Energy Engineering Group has proposed to construct a 1200 MW floating solar PV plant on Lake Kariba to help alleviate Zimbabwe’s electricity crisis.
Vibrant Energy wins funding for wind-solar hybrid projects in India
- 2023-04-10 07:23:04.353453
- David Flin
Vibrant Energy, an Indian renewable energy developer, has won funding of $268 million from Power Finance Corporation.
